This one is the dirtiest real estate trick of all, and is actually illegal. But some real estate agents will put forward a fake offer to see what price the home seller is willing to accept.
It’s always done verbally and very difficult to prove. It’s amazing how many buyers mysteriously disappear when the offer is asked for in writing, or even accepted.
At Ozway, we insist all property buyers make their offers in writing, which is then relayed to the home seller.